Each state has the authority to structure laws according to what works best for the state and its residents. This includes all aspects of lawmaking, including the number of compensatory damages that may be obtained when being injured by a negligent party. The state of...
Month: January 2022
When should people update their wills?
Plans can change throughout people’s lives as circumstances change. When people are forced to change different aspects of their lives, it can affect more than just the specific part of their life where the change in circumstances occurred. People need to take time to...
Are retirement accounts probated?
If you're trying to get your financial affairs in order, it's important to know which accounts can be probated. Your retirement accounts can go into probate after you pass away. However, if you choose the right beneficiaries during the estate planning process, you can...
Getting creditor relief during a crisis
Many people living in Illinois and around the country have been riding waves of uncertainty during the economic turbulence of the past two years. Adjusting to daily life can take many forms, whether it is downsizing to make ends meet, accepting government assistance...
What are the factors used to determine alimony?
Alimony, also called spousal support, is an important issue to resolve during any divorce. For that reason, it is helpful for divorcing couples to understand how the divorce court will go about determining alimony during their divorce and to be prepared to navigate a...